My Lords, very briefly, I was pleased to see this, in whatever form it takes, because as we finish off the Bill, one thing that has come up consistently is that some of us have raised problems of potential unintended consequences, such as whether age gating will lead to a huge invasion of the privacy of adults rather than just narrowly protecting children, or whether the powers given to Ofcom will turn it into the most important and powerful regulator in the country, if not in Europe. In a highly complex Bill, is it possible for us to keep our eye on it a bit more than just by whingeing on the sidelines?
The noble Baroness, Lady Stowell, makes a very important point about the issue in relation to the FCA and banking. Nobody intended that to be the outcome of PEPs, for example, and nobody intended when they suggested encouraging banks to have values such as ESG or EDI—equality, diversity and inclusion—that that would lead to ordinary citizens of this country being threatened with having their banking turned off. It is too late to then retrospectively say, “That wasn’t what we ever intended”.
5.30 pm
Straightforwardly, from the point of view of scrutiny, I hope we do not say that it will be left up to arm’s-length regulators and do not look at it again. On my consistent concerns about free speech being threatened by this Bill, you can come back and say to me, “Oh, you were wrong, Lady Fox”, but you can say that only if we have a very clear view that Ofcom is not behaving in a way that is going to damage the freedom of expression rights of people in this country.